June 9^th, 2024

• Mark Yusko of Morgan Creek Capital on CNBC – “Equities are Overvalued and what Mark’s Buying.”
• With same theme as our own thinking, this analyst is buying hated, feared and viewed with contempt, investment opportunities looking for out-sized gains.
• How ‘The Bitcoin President’ Has Turned El Salvador Into the Safest Country in the Americas in Just 5 Years. Interview by Tucker Calson with President Nayib Bukele
• LOTM Thoughts on S&P 500 (SPY)

Mark Yusko is a well-respected asset manager, especially with this writer. In this five minute CNBC clip, Yusko is slowly and in a disciplined manner, exiting over-valued growth equities and rotating to Cash (short term paper), Crypto Continue reading →

• Bitdeer (BTDR*) $6.45
• Chainlink (LINK) $17.68
• Galaxy Digital (BRPHF*) $10.81

Posted June 4, 2024: Lots of action happening in the market. I have been traveling with family events and am back to work. Quick thoughts we move into the day.

Bitdeer (BTDR*) $6.45 –

I’m looking at Bitdeer as a one to four-year opportunity. First price goal is $15.00 plus or minus a dollar or two. Potential is for a double short-term capital gain. More potential after that but let’s get the double first.

They just raised $150 million dollars, so they are cashed up. This following Q1 2024 where their EBITDA was around $100 million positive from operations. Most bitcoin miners had a great quarter due to tax law changes that allowed them to treat crypto appreciation from crypto held, as earnings gains. Bitdeer sells their bitcoin mined on the day they receive it. This is a big operational difference in ability to create income and asset appreciation. Bitdeer is the global leader in this area. Bitdeer also designed its own crypto computer chip. And machine. They have partnered with Nvidia (NVDA) $1150 to produce and sell this chip. They are also working with Continue reading →

• Luke Gromen: “US Economic Policies of Past 40 Years Intentionally Being ‘Trashed,’ Impact on Gold & BTC .
• Tokenization Transforms Asset Management: The Inevitable Shift to On-Chain Integration
• Real world example: U.S. Credit Unions Adopt Tokenization of Real World Assets
• GOLD to Hit $3,000, Only A Matter of Time | Mike McGlone with Soar Financially.
• LOTM Summation of multiple Analyst’s & Strategist’s view over the past ten days:
• Ray Dalio, founder of the largest global hedge fund, suggests transferring assets to jurisdictions outside the U.S., such as India, Singapore, Indonesia, Malaysia, Vietnam, and some Gulf states.
• A producing gold mining stock at an actionable price.

Continue reading →

Summary:

• Kinross (KGC) Chart that illustrates the Bull Market lift-off in precious metals
• Precious Metal and Industrial Mining ETF’s as a way to participate in Bull Run
• Government Policy that is creating the move towards physical assets

Continue reading →

The stock market runs in cycles that historically have run between three to five years. There are additional market cycles that are both shorter and longer. Three to five years is the cycle we are focused on here.

We are heading into the conclusion of year four of the LOTM: Ten Under $10 for the Double. We have had some very big winners and some disasters. We still own some names that we believe can recover from their poor performance. Like any activity, assessing and refreshing the process is necessary for improvement. Our way of dealing with this is to wind down Game One as we head into the last few months of year four of the three to five year cycle. By winding down I mean not adding any new names to Game One and let the current positions run their course. We have some good winners that can continue winning. We have had some performance disasters that might, and hopefully, will recover. Thinking positively, we have some value as tax loss position to shelter gains from the multi-bag winners we have or might get. The mining sector is in what we believe is the first third of a bull market phase. We have a lot of mining stocks underwater we believe can recover in pricing. Continue reading →

There are still people who don’t believe or recognize the global transformation upon us at this time due to Blockchain, Crypto and Tokenization. Wealth creation is happening in this transformation. It is in motion as we write this article but its “application” rather than the tools, is just starting. Bitcoin has averaged 150% annual compounded returns since its inception in 2009. That’s 15 years of compounding return at 150%. The world has never seen this before. It has been volatile, true, but no one can ague the returns in just 15 years. Fifteen year seems like a long time – especially if you are one of the many who deny this technology exists or that it is a real asset.

We encourage you to do some reading and rethink your position. The “application” stage of Crypto, Blockchain and Tokenization is happening now but is still at the beginning of the ballgame, in the first inning with no outs. The next five-years is going to amaze and build wealth in dramatic fashion. Don’t be the one who looks back and says, If only I would have looked at blockchain more deeply.  Continue reading →

We are still holding and committed to Galaxy Digital shares for a double in the price from the current level.  Continue reading →

• Precious Metals are Strong
• BioTech & Genomic ETFs rising above 150-day moving averages
• Three things that will increase your success in the market

Gold appears to have completed its first leg higher and is consolidating that upward move. Probability favors the trend continuing as the Federal reserve is refinancing US Treasuries in the second half of 2024. Continue reading →